The German DAX continues its upward trend on the daily timeframe.
The German DAX has reached new demand zones on the daily timeframe following recent corrections.
The DAX is expected to continue its upward movement in the medium and long term due to these current demand zones.
Expected Targets
If the DAX continues its upward trend, we expect to see it reach the levels identified on the chart, which are 25460 and 25900 respectively.
This analysis and the expected rise in the German index will be invalidated if the demand zones are broken and the index closes below them on a daily candle.
